News

Actions

US economy grows 1.4 percent in fourth quarter

Posted
and last updated

WASHINGTON (AP) — The U.S. economy grew at a slightly faster rate in the fourth quarter than previously estimated, boosted by stronger consumer spending. Consumers may be providing more lift to the economy in the current January-March period.

The Commerce Department says the economy grew at a modest 1.4 percent annual rate in the October-December period. That was better than the 1 percent growth rate estimated a month ago but still below the 2 percent growth turned in during the July-September quarter.

Most of the strength in the revision came from an upward boost to consumer spending, particularly involving recreation. Exports also were not as weak as previously thought.

Many economists think growth as measured by the gross domestic product is accelerating in the current quarter to a 2 percent annual rate.
 

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Sunday

08/31/2025

Sunny

102° / 75°

0%

Monday

09/01/2025

Sunny

106° / 79°

0%

Tuesday

09/02/2025

Partly Cloudy

103° / 74°

5%

Wednesday

09/03/2025

Sunny

101° / 74°

0%

Thursday

09/04/2025

Sunny

102° / 74°

0%

Friday

09/05/2025

Sunny

99° / 72°

0%

Saturday

09/06/2025

Sunny

97° / 70°

1%

Sunday

09/07/2025

Sunny

95° / 69°

0%